Combine bread and raisins in a 1-quart casserole.
Combine remaining ingredients, stirring well.
Pour over bread mixture.
Place casserole in a 13- x 9- x 2-inch baking pan; pour warm water into baking pan to a depth of 1 inch.
Bake for 45 minutes at until a knife inserted in center comes our clean.
Spoon into dessert bowls, and serve warm.